Overview and Scope
Rehabilitation robotics is the division of robotics for the development of robots that are used to help people to recover from physical trauma. The rehabilitation robots are automated machines that are designed to improve the movement of disabled persons with impaired physical functioning. The rehabilitation robotics are used to improve the movement of people with impaired physical functioning.
Sizing and Forecast
The rehabilitation robotics market size has grown exponentially in recent years. It will grow from <b>$1.22 billion in 2023 to $1.51 billion in 2024 at a compound annual growth rate (CAGR) of 24.2%. </b> The growth in the historic period can be attributed to growth in rehabilitation and physical therapy services, demand for precision and targeted therapy, expansion of aging populations and chronic conditions, development of advanced robotic rehabilitation devices, regulatory standards for medical device safety..
The rehabilitation robotics market size is expected to see exponential growth in the next few years. It will grow to <b>$3.37 billion in 2028 at a compound annual growth rate (CAGR) of 22.2%. </b> The growth in the forecast period can be attributed to customized rehabilitation robotics for specific patient needs, integration of ai and machine learning in rehabilitation, sustainable and cost-effective rehabilitation robotics, expansion in tele-rehabilitation and remote monitoring, adoption of rehabilitation robotics in sports medicine.. Major trends in the forecast period include regulatory compliance in rehabilitation robotics safety, smart and adaptive robotic rehabilitation solutions, personalized rehabilitation programs and progress tracking, transparency in rehabilitation robotics data and outcomes, integration of virtual reality and gamification in therapy..
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Segmentation & Regional Insights
The rehabilitation robotics market covered in this report is segmented –
1) By Type: Exoskeleton Robots, Therapeutic Robots, Assistive Robots, Prosthetic Robots
2) By Patient Type: Adult, Pediatrics
3) By Part: Lower Extremity, Upper Extremity
4) By Application: Gait Therapy, Limb Mobility
5) By End User: Rehabilitation Centers, Hospitals
<b>North America</b> was the largest region in the rehabilitation robotics market in 2023. <b>North America</b> is expected to be the fastest-growing region during the forecast period. The regions covered in the rehabilitation robotics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
During the forecast period rising instances of strokes, injuries, and neurological diseases is expected to drive the rehabilitation robotics market. For instance, according to the world Health Organization (WHO), a Switzerland-based health agency of the united nations, in 2022, 50 million people globally were suffering from epilepsy, nearly 80% of them were living in low and middle-income countries. Hence, the rising instances of strokes, and neurological diseases is predicted to hike the demand for rehabilitation devices including rehabilitation robots.
Key Industry Players
Major companies operating in the rehabilitation robotics market include <b> Myomo Inc., Bionik Laboratories Corporation, Hocoma AG, Cyberdyne Inc., ReWalk Robotics Ltd., Ekso Bionics Holdings Inc., Rex Bionics Ltd., AlterG Inc., RU Robots Limited, Woodway GmbH, Tyromotion GmbH, ABILITY Switzerland AG, Motek Medical B.V., Reha Technology AG, Man&Tel Co. Ltd., Rehab-robotics Company Limited, Kinova Robotics, Mrisar Institute of Science Arts and Robotics, Robotdalen, Bioxtreme Robotics Rehabilitation, Corindus Inc., Fourier Intelligence Co. Ltd., Focal Meditech BV, B-Temia Inc., Gogoa Mobility Robots SL, Motorika Medical Ltd., Neofect Co. Ltd., Saebo Inc., SynTouch LLC, Touch Bionics Inc., Biodex Medical Systems Inc., HONDA Motor Co. Ltd., InMotion LLC, KUKA AG, Parker Hannifin Corporation, RSL Steeper Group Ltd. </b>
The rehabilitation robotics market report table of contents includes:
1. Executive Summary
2.Rehabilitation Robotics Market Characteristics
3.Rehabilitation Robotics Market Trends And Strategies
4. Rehabilitation Robotics market analysis
5. Rehabilitation Robotics Market Size And Growth
6. Rehabilitation Robotics Segmentation
7. Rehabilitation Robotics Regional And Country Analysis
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27.Rehabilitation Robotics Competitive Landscape And Company Profiles
28.Rehabilitation Robotics Key Mergers And Acquisitions
29.Rehabilitation Robotics Future Outlook and Potential Analysis
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